Credicorp Posts Record Profit as Peru Credit Quality Improves
Peru Latin America Credicorp Posts Record Profit as Peru Credit Quality Improves By Juan Martinez · July 21, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Peru · Companies Key Facts —Credicorp Q1 net income. Reached a record S/2,063.2 million (US$607 million), up 16.1% year-on-year. —Provision drop.
- ▪Peru Latin America Credicorp Posts Record Profit as Peru Credit Quality Improves By Juan Martinez · July 21, 2026 · 5 min read Daily Brief The morning intel from across Latin America.
- ▪Peru · Companies Key Facts —Credicorp Q1 net income.
- ▪Reached a record S/2,063.2 million (US$607 million), up 16.1% year-on-year. —Provision drop.
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Peru Latin America Credicorp Posts Record Profit as Peru Credit Quality Improves By Juan Martinez · July 21, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Peru · Companies Key Facts —Credicorp Q1 net income. Reached a record S/2,063.2 million (US$607 million), up 16.1% year-on-year. —Provision drop. Loan-loss provisions fell 35.1% due to better retail payment behavior and wholesale recoveries. —BCP loan growth. The core bank's loan portfolio expanded 7.3% year-on-year, driven by consumer and mortgage lending. —Cost of risk. Credicorp's cost of risk declined to 1.3%, reflecting healthier borrower repayment trends. —Return on equity.
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